Pivot Points is an indicator to provide three important support and resistance levels using daily, weekly, or monthly timeframes.
Support and resistance levels are found in relation to the pivot point which is the average of High, Low, and Close prices of the previous period. See the following table explaining calculation of support and resistance levels.
This Advanced edition of Pivot Points has more options for traders to adjust this indicator.
It has additional 2days, 3days, 4days time frame, and has the ability to disable extended hours.
Get it here:
http://www.patternsmart.com/cart/index.php?route=product/product&path=57_83&product_id=254
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